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Calculate the excess earnings for Sharon, an employee in Prince Edward Island who earns $55,300. If the maximum assessable earnings in Prince Edward Island are $52,100

User Son
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To calculate the excess earnings for Sharon, we need to find the difference between her earnings and the maximum assessable earnings in Prince Edward Island.

Excess earnings = Sharon's earnings - Maximum assessable earnings

Excess earnings = $55,300 - $52,100

Excess earnings = $3,200

Therefore, Sharon's excess earnings are $3,200. This means that $3,200 of her earnings are not subject to certain payroll taxes or deductions based on the maximum assessable earnings in Prince Edward Island.
User Ted Gueniche
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